ATL / Allcargo Terminals Ltd - 6 Weeks tight consolidation break

ATL

1) Time Frame - Weekly.
2) 6 Weeks tight consolidation breakout from Its IPO base in weekly with huge bullish candle and volume.
3) As per the Cup with handle pattern breakout Its Next resistance / Target would be around the price (86 - 24% from the close).
4) Recommendation - Strong Buy
Beyond Technical AnalysisbreakoutbullishcandleChart PatternsconsolidationcupwithahandlehugevolumeIPOtightconsolidationTrend Analysis

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